How in the fuck can the government compel someone to IPO 😭
1
Anonymous14w
Aka the only way socialism would actually work in 2025
1
Anonymous#214w
Taking away their contracts if they don’t
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AnonymousOP14w
Wild tbh. I don’t understand how that doesn’t dilute existing shareholders. Westinghouse is a joint venture between a publicly traded asset management company (Brookfield Renewable) and a publicly traded company (Cameco). I guess shareholders don’t have much of a say here?
1
Anonymous#214w
Funniest part might be that both of these companies are Canadian 😭
6
Anonymous#214w
I mean…I don’t hate this. At least it’s clean energy. But this is ripe for corruption if a close eye isn’t kept on it
1
Anonymous#214w
I mean this is straight up corruption
1
AnonymousOP14w
Depends where the dividends/cash distributions go. In general, idrk how those work. The government has gotten dividends from companies before (Fannie Mae, maybe GM as well). But I’m guessing under Trump it’s just going to be a slush fund